One of the Hottest Topics of Your Talk Will Be

question 82

Multiple Choice

One of the hottest topics of your talk will be the North American Free Trade Agreement.One of the points that you will emphasize is that ________.

• A) between 1994 and 2007, merchandise trade between the United States, Canada, and Mexico increased slightly
• B) a large number of people continue to migrate from Mexico to the United States in search of jobs and prosperity
• C) as of 2012, it is the second largest trade bloc in the world in terms of the combined gross domestic product of its members
• D) Mexico is struggling to prosper from the free trade agreement

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Definitions:

Saving Rate

The portion of income that is not spent on consumption but rather saved or invested.

Double Taxation

The imposition of taxes on the same income, assets, or financial transaction at two different levels of government, such as corporate income being taxed both to the corporation and to the shareholders when distributed as dividends.

Economic Growth

A rise in the production of goods and services per capita over a certain time frame.

Saving Rate

The proportion of income that is not spent on consumption but is instead saved by individuals or entities.